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Tax Day 2021: what does it mean for your portfolio?

Government shies away from trust taxation reform while eschewing business rates reforms
Tax Day 2021: what does it mean for your portfolio?

 

  • Westminster's hotly anticipated tax day took place on 23 March
  • The government kicked business rates reform down the road but said it would reduce administrative burdens for those dealing with IHT 
  • Investors' Chronicle highlights some of the top takeaways from the proposals

Government shies away from overhaul of trust taxation

The government has shied away from any immediate overhaul of the way trusts are taxed, stating that it will instead review specific areas on a “case-by-case” basis for now.

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